Tech Giants Alibaba and IBM Tops List on the Number of Blockchain Applications Filed

Two tech giants are leading the list that ranks the of global firms that filed blockchain-related patents according to a consolidated report from media outlet iPR Daily on August 31, 2018

The iPR Daily, a media outlet which specialize in intellectual property, based their report on the consolidated data gathered August 10 all across the U.S., E.U. South Korea, China and Japan.  Other data also came from the World Intellectual Property Organization’s International Patent System.

Third on the list is Mastercard which has filed 80 patent applications, while Bank of America comes fourth with 53 filed applications. On the fifth place is the People’s Bank of China with 44 applications which will be used by China’s central bank on their digital currency.

In a report by Cointelegraph, China has the most number of patents filed for blockchain-related projects in 2017 based on WIPO data. China has 225 applications, in comparison to the U.S.’s 91 filings and 13 for Australia.